Applied Energetics, Inc. (AERG)

[jimmy jon cash]

To what extent does AERG "own" the technology?

There are papers and patents easily found online now which indicate the principles involved were established before the company existed. Just one example to check out: patent 3719829 "Laser beam techniques", USPTO classifies it as an electrical discharge weapon and the abstract will sound familiar to those interested in directed energy. Filed in 1970 !

Having scanned a number of papers, I notice a lack of reference to AERG/Ionatron. Similarly, the recent military SBIR projects about lasers and plasma don't cite their work. Here are 2 detailed summaries of directed energy research:

https://www.dsiac.org/resources/articles/recent-advancements-in-ultrashort-pulse-lasers-shed-new-light-on-directed-energy-applications/

https://www.sciencedirect.com/science/article/pii/S2214914719312231

The PPS dropped as low as a penny or two, yet even then, the company was not acquired to obtain control of their IP. If there's some unknown value one could argue it lies in 11 secret patents the company has talked about for so many years. One would normally assume the military requested the secrecy, but it's well documented that the CIA was an early investor and there were reports of insider trading related to the CIA, so perhaps the military was not behind the secrecy.

If there was some breakthrough in what AERG refers to as its "Government Sensitive Patent Applications" or "GSPA's" (I didn't see that term in use outside of AERG marketing and filings), feasibility should no longer be an issue. Since their patent claims are not preventing the military from awarding contracts to their competitors, the value may have to be established in a court of law.